Orbis £100 match offer - Now Ended

Ed-1

cmondynamite wrote: »

Just a quick question on this. So, if I deposit £100 into this ISA in the new tax year, does the £100 that Orbis give you count towards the annual allowance. In other words, I pay £100, Orbis give me £100, and I have £19,800 left to invest in ISAs in the financial year. Is that right?

Yes...........

stphnstevey

Ed-1 wrote: »

Yes...........

Unfortunately Yes

I say unfortunately as it is not classed as cashback

T&Cs

Matched investments made into a New ISA Account, or New JISA Account will be made in the 2018/19 tax year and will count towards the annual ISA or JISA allowance for that tax year.

buyhighselllow

Shame it does not cover general investments this time, would have chucked in another couple of hundred for us both. Guess they want to try and avoid punters like me :cool:

stphnstevey

If your subscribing with new money, then I presume you can't subscribe to another S&S ISA in this tax year.

Additionally, if you have already subscribed new money to a S&S ISA this tax year, you can't use any remaining allowance to subscribe to this

You could transfer any amount of a previous years subscription to this. But if you want to transfer current years subscription, you need to close the ISA your transferring from

This might make it complicated or even unfeasible for some to make, particularly for just a £100 subscription

jimjames

stphnstevey wrote: »

If your subscribing with new money, then I presume you can't subscribe to another S&S ISA in this tax year.

You are correct. You also can't subscribe to another S&S ISA next year either

Herbalus

The important question, for those considering replacing say a £100/month direct debit to Vanguard with this after 6 April for that tax year only (can be transferred back to Vanguard in 12 months time) is whether Orbis take regular contributions as direct debits???

If you know what I mean....

Alexland

Orbis don't take direct debits but you can pay by debit card or setup a standing order with your bank.

firestone

Herbalus wrote: »

The important question, for those considering replacing say a £100/month direct debit to Vanguard with this after 6 April for that tax year only (can be transferred back to Vanguard in 12 months time) is whether Orbis take regular contributions as direct debits???

If you know what I mean....

according to the FAQ section you can set up a monthly plan on your account page but think its using a debit card

karlie88

Thanks - signed up.

SamJ35

This question relates to both Orbis and Vanguard ISAs

Could I open up Orbis ISA before 5 April, deposit 100 to get the bonus, and then open Vanguard ISA after 5 April and contribute to both over the next tax year as long as I don't go over the 20k ISA limit?

On the vanguard account, I note that the monthly amount is £100, or £500 lump sum, but I want a little more flexibility with my deposits. I'm looking at maxing out my LISA first during the next tax year and then depositing left over money into the S&S ISA. Maybe a single S&S with Orbis would be better for me? I see the minimum investment with Orbis is £1. What is the minimum monthly payment?

Thanks!